$TREE

has recently achieved a key milestone, crossing $500 million in Total Value Locked (TVL), sparking debate on whether this marks the start of a sustained rally or just a temporary spike.

Here’s the breakdown:

Price Action: TREE jumped over 30% to $0.60 on August 1 before pulling back to $0.53 due to profit-taking. The chart hints at a potential cup-and-handle pattern, which could push the price toward $0.75 if buying pressure strengthens.

Binance Integration: TREE tokens are now accepted by Binance as loan collateral, which may boost demand and liquidity, though it could also bring sharper price fluctuations.

Airdrop Impact: A $750,000 airdrop to ETH stakers caused a 42% drop after listing. More token releases could add to selling pressure.

Analysts see short-term price moves between $0.285416 and $0.39162, with ROI potential from 11.39% to 54.99%. Longer-term projections remain bullish, with highs up to $1.772235 and lows near $0.285416.

With the current price at $0.363406 and a 14.08% gain over the last week, monitoring market momentum and possible risks is crucial.

Buy and trade here $TREE #TreeHouse @Treehouse Official